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aag |
American Advisors Group |
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AAMB |
Arizona Association of Mortgage Brokers |
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ABIL |
Allowable Business Investment Loss |
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ABM |
Automated Banking Machine |
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ABS |
Automated Bond System |
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ACB |
Adjusted Cost Base |
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ACCHA |
l'Association canadienne des conseillers hypothécaires accrédités (Canadian Association of Accredited Mortgage Professionals) |
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ACMC |
Acceptance Capital Mortgage Corporation |
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addtl |
additional |
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ADR |
American Depositary Receipt |
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AHMC |
Acceptance Home Mortgage Corp. |
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AHMC |
Absolute Home Mortgage Corporation |
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AIDA |
Agricultural Income Disaster Assistance |
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AIL |
Annual Information Form |
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AIM |
Asset Integrated Mortgage |
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AIREA |
American Institute of Real Estate Appraisers |
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ALE |
Additional Living Expenses |
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ALTA |
American Land Title Association |
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AMAC |
Amacamerican Mortgage Acceptance Company |
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AMP |
Accredited Mortgage Professional (see also CAAMP) |
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AMPA |
Agricultural Marketing Programs Act |
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AMRE |
Asset Management Real Estate |
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AOR |
Association of Realtors |
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APMC |
American Pacific Mortgage Corporation |
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APR |
Annual Percentage Rate |
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ARES |
American Real Estate Society |
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ARM |
Adjustable Rate Mortgage |
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ASA |
American Society of Appraisers |
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ASHI |
American Society of Home Inspectors |
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ASMB |
American School of Mortgage Banking |
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AV |
Assessed Valuation |
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AVC |
Additional Voluntary Contribution |
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BA |
Banker's Acceptances |
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BCL |
Bank Credit Letter |
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BD |
book depreciation |
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BFP |
Bona Fide Purchaser |
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BKR |
BanKRuptcy |
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BL |
Business Loan |
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BMFS |
Better Mortgage Financial Services |
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BMIR |
Below Market Interest Rate |
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BMLO |
Board of Mortgage Loan Originators |
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BP |
Basis Point |
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BRR |
Book Rate of Return |
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CA |
Chartered Accountant |
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CAAMP |
Canadian Association of Accredited Mortgage Professionals |
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CAGR |
Compound Annual Growth Rate |
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CAM |
Current Account Mortgage |
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CAM |
Common Area Maintenance (charges related to commercial leases) |
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CAMB |
California Association of Mortgage Brokers |
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CC |
Civil Code |
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CCA |
Capital Cost Allowance |
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CCI |
Consumer Credit Insurance |
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CCI |
Credit Card Insurance |
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CCMA |
Code of Conduct on Mortgage Arrears |
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CCPC |
Canadian Controlled Private Corporation |
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CCTB |
Canada child tax benefit |
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CDIC |
Canada Deposit Insurance Corporation |
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CDNX |
Canadian Venture Exchange |
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CGT |
Capital Gains Tax |
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CH/BW |
Chain Link/Barbed Wire |
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CHIEF |
Commercial Home Improvement Equity Financing |
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CHMI |
Cherry Hill Mortgage Investment |
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CMA |
Comparative Market Analysis |
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CMB |
Certified Mortgage Banker |
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CMBS |
Commercial Mortgage Backed Securities |
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CMBS |
Collateralized Mortgage Backed Securities |
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CMCC |
Corporationcanadian Mortgage Capital Corporation |
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CMFC |
CLICO Mortgage and Finance Corporation |
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CMHC |
Canada Mortgage and Housing Corporation |
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CMLA |
Community Mortgage Lenders of America |
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CMLA |
Colorado Mortgage Lenders Association |
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CMMC |
Chase Manhattan Mortgage Corporation |
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CMO |
Collateralized Mortgage Obligation |
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CMP |
Community Mortgage Program |
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CMS |
Commercial Mortgage Securities |
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COE |
Cost of Equity |
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CPA |
Canadian Payments Association |
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CPI |
Consumer Price Index |
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|
CRCE |
Canadian Renewable And Conservation |
|
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CRV |
CERTIFICATE OF REASONABLE VALUE |
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|
CSB |
Canada Savings Bonds |
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CTC |
Clear to Close |
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CUV |
Current Use Value |
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|
DBR |
Debt to Burden Ratio |
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DER |
Debt-to-Equity Ratio |
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DFT |
Direct Funds Transfer |
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DIL |
Deed in Lieu of Foreclosure |
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DIM |
Deferred-Interest Mortgage |
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DJIA |
Dow Jones Industrial Average |
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|
DMBS |
Danish Mortgage Backed Securities |
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DPSP |
Deferred Profit Sharing Plan |
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DRC |
Depreciated Replacement Cost |
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DS |
Due on Sale (clause) |
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DSC |
Deferred Sales Charge |
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DSLP |
Deferred Salary Leave Plan |
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dTC |
disability tax credit |
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DTI |
Debt-To-Income Ratio |
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DU |
Dwelling Unit |
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EAC |
Expected At Closure |
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EAFC |
Escrow Agents' Fidelity Corporation |
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|
EAL |
Exclusive Agency Listing |
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EAP |
Education Assistance Payments |
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EBI |
Effective Buying Income |
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EEM |
Energy Efficient Mortgage |
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EEMs |
Energy Efficient Mortgages |
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EFMB |
Empire Financial Mortgage Bankers |
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EFP |
Exchange For Physicals |
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EFT |
Electronic Funds Transfer |
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EHT |
Employer Health Tax |
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El |
Employment Insurance |
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EMD |
Earnest Money Deposit |
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ENS |
Eligible Net Sales |
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EO-LSVCC |
Employee Ownership Labour-Sponsoredventure Capital Corporation |
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ERV |
Estimated Rental Value |
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ETF |
Extended Term Financing |
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FAMB |
Florida Association of Mortgage Brokers |
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FAMP |
Florida Association of Mortgage Professionals |
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FBMG |
First Business Mortgage Group |
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FCIDB |
Federation of Canadian Independent Deposit Brokers |
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FCL |
Foreclosure |
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FDR |
Formal Dining Room |
|
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FHA |
Federal Housing Authority |
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FHA2LP |
Treasury/FHA Second Lien Program |
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FHFA |
Federal Housing Finance Agency |
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FHLBB |
Federal Home Loan Bank Board |
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Fhlmc |
Federal Home Loan Mortgage Corporation, United States |
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Fmm |
First Meridian Mortgage |
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FMV |
Fair Market Value |
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FRM |
Fix Rate Mortgage |
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FRMC |
First Republic Mortgage Corporation |
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FSAL |
Financial Sector Adjustment Loan |
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FSAP |
Financial Services Action Plan |
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FSBO |
For Sale By Owner |
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FTMC |
Fifth Third Mortgage Corp |
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GAAP |
Generally Accepted Accounting Principles |
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|
GAAR |
General Anti-Avoidance Rule (tax Evasion) |
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GAINS |
Guaranteed Annual Income System For Seniors |
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|
GDP |
Gross Domestic Product |
|
|
GDS |
Gross Debt Service Ratio |
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|
GFE |
Good Faith Estimate |
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|
GHMC |
Guaranteed Home Mortgage Company |
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|
GIA |
Guaranteed Interest Annuities |
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|
GIC |
Guaranteed Investment Certificate |
|
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GIS |
Guaranteed Income Supplement |
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|
GNFG |
Great Northern Financial Group, Inc. |
|
|
GNP |
gross national product (economics) |
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|
GST |
Goods and Services Taxation |
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|
GSTC |
Goods and Services Tax Credit |
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HAMB |
Hawaii Association of Mortgage Brokers |
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HAMP |
Home Affordable Modification Program |
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|
HARP |
Home Affordable Refinance Program |
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|
HBP |
Home Buyers' Plan |
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|
HECM |
A Hud Equity Conversion Mortgage |
|
|
HECM |
Home Equity Conversion Mortgage |
|
|
HELOC |
Home Equity Line of Credit |
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HL |
Home Loan |
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HLAR |
Home Loan Application Register |
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HMLA |
Housing Mortgage Lending Agency |
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HO |
Home Owner |
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|
HOI |
Home Owner's Insurance |
|
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HSBC |
Hongkong Shangai Banking Corporation |
|
|
HST |
Harmonized Sales Tax |
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|
HUD |
Department of Housing and Urban Development (U.S.) |
|
|
HVCC |
Home Valuation Code of Conduct (mortgage and appraisal industry) |
|
|
HVE |
Home Value Explorer |
|
|
I/O |
Interest Only |
|
|
IAD |
Interest Adjustment Date |
|
|
IC |
Information Circular |
|
|
IDA |
Investment Dealers Association of Canada |
|
|
IFBC |
Independent Financial Brokers of Canada |
|
|
IFIC |
Investment Funds Institute Of Canada. |
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|
IHE |
Instant Home Equity |
|
|
ILM |
Index Linked Mortgage |
|
|
ILOC |
Irrevocable Letter of Credit |
|
|
IMFL |
Illinois Mortgage Foreclosure Law |
|
|
IMHO |
Irish Mortgage Holders Organisation |
|
|
IMMS |
Inspired Mortgage Management Solutions |
|
|
IO |
Interest Only |
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|
IPO |
Initial Public Offering |
|
|
IRR |
Internal Rate of Return |
|
|
ITC |
Investment tax credit (policy) |
|
|
JTWRS |
Joint Tenants With Rights of Survivorship |
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|
KMFS |
Keane Mortgages and Financial Services |
|
|
KMG |
Kappel Mortgage Group |
|
|
KYC |
Know Your Client Rule |
|
|
LARP |
loan assistance repayment program |
|
|
LBO |
Leveraged Buy Out |
|
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LCD |
Loan Closing Date |
|
|
LDP |
Loan Deficiency Payment |
|
|
LEM |
Location Efficient Mortgage |
|
|
LIBOR |
London Interbank Offered Rate |
|
|
LIBOR |
London Inter-Bank Offered Rate |
|
|
LMI |
Lender's Mortgage Insurance |
|
|
LOX |
Letter of Explanation |
|
|
LPMI |
Lender Private Mortgage Insurance |
|
|
LPMI |
Lender Paid Mortgage Insurance |
|
|
LRIF |
Life Retirement Income Fund |
|
|
LSIF |
Labour-Sponsored Investment Fund |
|
|
LSVCC |
Labour-Sponsored Venture Capital Corporation |
|
|
LTT |
Land Transfer Tax |
|
|
LTV |
Loan To Value |
|
|
LTV |
Loan-to-Value |
|
|
LUI |
Land Use Intensity |
|
|
Lump Sum |
Single Payment; no further payments due |
|
|
LVR |
Loan to Value Ration |
|
|
MAA |
Mortgage Action Alliance |
|
|
MAB |
Mortgage Advice Bureau |
|
|
MAMB |
Maryland Association of Mortgage Brokers |
|
|
MAMB |
Mississippi Association of Mortgage Brokers |
|
|
MAP |
Mortgage Acceleration Program |
|
|
MARM |
Modified Adjustable Rate Mortgage |
|
|
MARMA |
Modified Accrual Reference Margin Adjustment |
|
|
MARS |
Mortgage Assistance Relief Services |
|
|
MBA |
Mortgage Bankers Association of America |
|
|
mbaf |
Mortgage Bankers Association of Florida |
|
|
MBAH |
Mortgage Bankers Association of Hawaii |
|
|
MBB |
mortgage-backed bond |
|
|
Mbo |
Mortgage-Backed Obligation |
|
|
MBS |
mortgage backed security |
|
|
MBS |
mortgage-backed securityies |
|
|
MCCB |
Mortgage Code Compliance Board |
|
|
MCG |
MORTGAGE |
|
|
MCR |
Mortgage Call Report |
|
|
MCT |
Mortgage Capital Trading |
|
|
MECA |
Mortgage Extension Consolidation Agreement |
|
|
MER |
Management Expense Ratio |
|
|
MERS |
Mortgage Electronic Registration System |
|
|
MEW |
Mortgage Equity Withdrawal |
|
|
MFA |
Mortgage Finance Authority |
|
|
MFAA |
Mortgage and Finance Association of Australia |
|
|
MFDA |
Mutual Fund Dealers Association of Canada |
|
|
MFFC |
Mortgage Free Faster Calculator |
|
|
MFFI |
Mortgage Foreclosure Fraud Investigator |
|
|
MGIC |
Mortgage Guaranty Insurance Corporation |
|
|
MI |
Mortgage Insurance |
|
|
MIA |
Mandatory Inventory Adjustment |
|
|
MICC |
Mortgage Insurance Corporation of Canada |
|
|
MIF |
Mortgage Insurance Fund |
|
|
MILA |
Mortgage Investment Lending Associates |
|
|
MIN |
Mortgage Identification Number |
|
|
MIP |
Mortgage Insurance Premium |
|
|
MIP |
Mortgage Interest Payment |
|
|
MIRO |
Mortgage Interest Run-On |
|
|
MLA |
Mandate Lead Arranger |
|
|
MLAR |
Mortgage Lenders Administrators Return |
|
|
MLC |
Mortgage Loan Company |
|
|
MLD |
Mortgage Lending Division |
|
|
MLO |
Mortgage Loan Originator |
|
|
MLS |
Multiple Listing Service |
|
|
MMG |
MORTGAGE MARKET GUiDE |
|
|
MMI |
Mutual Mortgage Insurance |
|
|
MOP |
Mortgage Origination Program |
|
|
MOR |
Margin Of Repayment |
|
|
MORTG |
MORTGage |
|
|
MPA |
Medical Power of Attorney |
|
|
MPAU |
Mortgage Payment Assistance Unemployment |
|
|
MPC |
Master Planned Community |
|
|
MPP |
Mortgage Payment Protection |
|
|
MPPI |
Mortgage Payment Protection Income |
|
|
MPPI |
Mortgage Payment Protection Insurance |
|
|
MPPP |
Mortgage Portfolio Protection Program |
|
|
MRA |
Master Residential Appraiser |
|
|
MRB |
Mortgage Revenue Bonds |
|
|
MRTA |
Mortgage Reducing Term Assurance |
|
|
MSA |
Master Senior Appraiser |
|
|
MSR |
Mortgage Servicing Rights |
|
|
MSR |
Mortgage Service Ratio |
|
|
MTG |
Mortgage |
|
|
MTG/MTGE |
mortgage (finance) |
|
|
MURB |
Multiple-Unit Residential Building |
|
|
NAFTA |
North American Free Trade Agreement |
|
|
NAMC |
Nationwide Advantage Mortgage Company |
|
|
NAMC |
North American Mortgage Company |
|
|
NAV |
Net Asset Value |
|
|
NCA |
National Credit Act |
|
|
NCB |
National Child Benefit |
|
|
NHA |
National Housing Act |
|
|
NHBC |
National House-Building Council |
|
|
NIA |
Net Internal Area |
|
|
NIM |
Net Income Multiplier |
|
|
NISA |
Net Income Stabilization Account |
|
|
NLA |
Net Leasable Area |
|
|
NMFS |
National Mortgage Field Services |
|
|
NMLSR |
National Mortgage Lending System and Registry |
|
|
NMLSR |
Nationwide Mortgage Licensing System and Registry |
|
|
NOI |
Net Operating Income |
|
|
NOLG |
Notice Of Loan Guarantee |
|
|
NOLG/DS |
Notice Of Loan Guarantee and Disclosure Statement |
|
|
NORMAL |
Neighborhood Ownership Recovery Mortgage Assistance Loan |
|
|
NPL |
Nonperforming loan |
|
|
NPNI |
No Payments/No Interest |
|
|
NRV |
Net Realizable Value |
|
|
NSF |
Not Sufficient Funds |
|
|
OAS |
Old Age Security |
|
|
OBO |
Or Best Offer |
|
|
OER |
Operating Expense Ratio |
|
|
OETC |
Overseas Employment Tax Credit |
|
|
OFIDP |
Ontario Farm Income Disaster Program |
|
|
OHOSP |
Ontario Home Ownership Savings Plan |
|
|
OIA |
Optional Inventory Adjustment |
|
|
OIRO |
Offers In the Region Of... |
|
|
OOR |
Owner of Record |
|
|
ORESO |
Ontario Research Employee Stock Option Credit |
|
|
OSC |
Ontario Securities Commission |
|
|
OTC |
Over The Counter (medications not requiring a prescription) |
|
|
OWA |
Owners With Aim |
|
|
P&C |
Property and Casualty |
|
|
P&I |
Principal and Interest |
|
|
PA |
Pension Adjustment |
|
|
PA |
Power of Attorney |
|
|
PAC |
Pre-Authorized Chequing |
|
|
PAM |
Pledged Account Mortgage |
|
|
PAM |
pledged asset mortgage |
|
|
PAR |
Pension Adjustment Reversal |
|
|
PCD |
Planned Commercial Development |
|
|
PE |
Price-earnings ratio |
|
|
PEMD |
Program for Export Market Development |
|
|
PEPS |
Political, Economic, Physical, Social (forces that drive value) |
|
|
PFS |
Pre-Foreclosure sale |
|
|
PHA |
Public Housing Administration |
|
|
PHSP |
Private Health Services Plan |
|
|
PID |
Planned Industrial Development |
|
|
PIR |
Prime Interest Rate |
|
|
PIT |
Principal, Interest, Taxes. |
|
|
PITI |
Principal, Interest, Taxes, and Insurance |
|
|
PMCC |
Prudential Mortgage Capital Company |
|
|
PMDT |
Purchase Money Deed of Trust |
|
|
PMI |
Private Mortgage Insurance |
|
|
PMI |
Primary Mortgage Insurance |
|
|
PMI |
Premium Mortgage Insurance |
|
|
PMSI |
Professional Mortgage Solutions Inc |
|
|
PO |
Principal Only |
|
|
POC |
Paid Outside of Closing |
|
|
POM |
A Position Of Mortgage |
|
|
PPI |
Payment Protection Insurance |
|
|
PRIME |
Please Remember I Mortgaged Everything |
|
|
PRISM |
Pensions Retirement Investments Savings And Mortgages |
|
|
PSF |
Per Square Foot |
|
|
PSPA |
Past Service Pension Adjustment |
|
|
PST |
Provincial Sales Tax |
|
|
PTD |
Paid-To Date |
|
|
PV |
Present Value |
|
|
PW |
present worth |
|
|
QFP |
Qualified Farming Property |
|
|
QM |
Qualified Mortgage |
|
|
QM |
Quitting Mortgages |
|
|
QMs |
Qualified Mortgages |
|
|
QPP |
Quebec Pension Plan |
|
|
QWR |
Qualified Written Request |
|
|
R&D |
Research & Development |
|
|
RAM |
Reverse Annuity Mortgage |
|
|
rCA |
Retirement Compensation Arrangement |
|
|
REA |
Reciprocal Easement Agreement |
|
|
REC |
Real Estate Commission |
|
|
Refi |
Refinance/Refinancing |
|
|
REIT |
Real Estate Investment Trust |
|
|
REO |
Real Estate Owned |
|
|
RESP |
Registered Education Savings Plan |
|
|
RESPA |
Real Estate Settlement Procedures Act |
|
|
RMBS |
Residential Mortgage Backed Security |
|
|
RMBS |
Russian Mortgage-Backed Securities |
|
|
RMCR |
Residential Mortgage Credit Report |
|
|
RMg |
Reilly Mortgage Group |
|
|
RMg |
Residential Mortgage Group |
|
|
ROI |
Rate of Interest |
|
|
ROIF |
Research-Oriented Investment Fund |
|
|
ROM |
Roll-Over Mortgage |
|
|
RPD |
Residential Planned Development |
|
|
RPP |
Registered Pension Plan |
|
|
RR |
Registered Representative |
|
|
RRIF |
Registered Retirement Income Funds |
|
|
RRSP |
Registered Retirement Savings Plan (Canada; Roughly Equivalent To The IRA In The U.S.) |
|
|
RTOR |
Rent To Own Refinancing |
|
|
RWMI |
Residential Wholesale Mortgage Inc |
|
|
S |
Settled |
|
|
SAM |
Shared-Appreciation Mortgage |
|
|
SBC |
Small Business Corporation |
|
|
SDRSP |
Self-Directed Retirement Savings Plan |
|
|
SEM |
Shared-Equity Mortgage |
|
|
SFD |
Single Family Detached |
|
|
SMLA |
Survey of Mortgage Lending Activity |
|
|
SNDA |
Subordination and Non-Disturbance Agreement |
|
|
SR |
Short Refinance |
|
|
STD |
Short Term Debt |
|
|
STMC |
Southern Tier Mortgage Company |
|
|
SWP |
Systematic Withdrawal Plan |
|
|
TD |
Term Deposit |
|
|
TDS |
Total Debt Ratio |
|
|
TI |
Tenant Improvement |
|
|
TIC |
The Instant Classic |
|
|
TIEFF |
Title Insurance Enforcement Fund Fee |
|
|
TIL |
Truth in Lending |
|
|
TIP |
Treasury Investment Program |
|
|
tmac |
The Mortgage Acquisition Corporation |
|
|
tmrc |
TANZANIA MORTGAGE REFINANCE COMPANY |
|
|
TMW |
The Mortgage Works |
|
|
TPL |
Third-Party Liability |
|
|
TRA |
Tax Reform Act |
|
|
TU |
Triple Up |
|
|
UFMIP |
Up Front Mortgage Insurance Premium |
|
|
UI |
Unemployment Insurance |
|
|
UMDP |
Uniform Mortgage Data Program |
|
|
UMLA |
Utah Mortgage Lenders Association |
|
|
VA |
Veterans Administration |
|
|
VAMPIRE |
Vulnerability Assessment for Mortgage Petrol and Inflation Risks and Expenditure |
|
|
VAP |
Variable Payment (Mortgage) |
|
|
VAT |
Value Added Tax |
|
|
VLFM |
Venture Loans Financing Mortgages |
|
|
VMF |
Vanderbilt Mortgage and Finance |
|
|
VOE |
Verification of Employment |
|
|
vpm |
Variable-Payment Mortgage |
|
|
VRM |
Variable-Rate Mortgage |
|
|
WBM |
Willow Bend Mortgage |
|
|
WDO |
Wood-Destroying Organism |
|
|
WHMT |
Widely Held Mortgage Trust |
|
|
YMPE |
Yearly Maximum Pension Earnings |
|